Ghanaian businessman owes Meatco N$300,000 in beef deal
A Ghanaian businessman who helped open the West African market to beef from Namibia's northern communal areas still owes the Meat Corporation of Namibia N$300,000.
17 July 2026 · Namibian Sun →
State-owned beef processor and exporter operating abattoirs across Namibia, currently navigating operational challenges and value-chain modernisation efforts.
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The Namibian
Meat Corporation of Namibia has reported 900 head of cattle missing from the company
“A recent government report from the Meat Corporation of Namibia (Meatco) has revealed that a total of 900 head of cattle are still missing from the company.”
Meatco confirms 900 cattle missing as N$2.5 million remains unaccounted for in leaked reportThe Namibian
Meat Corporation of Namibia cannot account for N$2.5 million in cash reconciliations
“Meatco board chairperson Stephanie de Klerk yesterday confirmed the authenticity of a report addressed to the Ministry of Finance and the Ministry of Agriculture, Fisheries, Water and Land Reform indicating some cash reconciliations of N$2.5 million could not be accounted for by the company's livestock procurement department.”
Meatco confirms 900 cattle missing as N$2.5 million remains unaccounted for in leaked reportInformanté
Meat Corporation of Namibia convened its 37th Annual General Members' Meeting at NIPAM in Windhoek
“THE Meat Corporation of Namibia (Meatco) convened its 37th Annual General Members' Meeting at NIPAM in Windhoek, bringing together producers, government representatives, directors, and stakeholders to reflect on the 2024/25 financial year and the steady progress made under the Turnaround Plan.”
Meatco reinforces stability and shared confidence at 37th AGMInformanté
Meat Corporation of Namibia recorded profit before tax of approximately N$105 million and profit after tax of N$43 million
“Citing the audited results, she highlighted that Group revenue increased by approximately 55%, reaching about N$1.87 billion, while the company also recorded a profit before tax of approximately N$105 million and a profit after tax of N$43 million.”
Meatco reinforces stability and shared confidence at 37th AGMNew Era
Meat Corporation of Namibia increased overall revenue by approximately 55% to about N$1.87 billion
“The corporation's 2024/25 financial reports hallmark an institution that is on an upward trajectory, with overall revenue increased by approximately 55% to about N$1.87 billion.”
Meatco’s AGM provides certainty, solidifies roadmap …minister hails progress madeNew Era
Meat Corporation of Namibia recorded a profit before tax of around N$105 million, with profit after tax over N$43 million
“The reports also show that Meatco recorded a profit before tax of around N$105 million, with a profit after tax of over N$43 million, while more than 83 112 animals were slaughtered across the system during the period under review.”
Meatco’s AGM provides certainty, solidifies roadmap …minister hails progress madeNew Era
Meatco announced profit of approximately N$106 million for the year ended 31 January 2025
“On Monday, Meatco announced a profit of approximately N$106 million for the year ended 31 January 2025, after several years of losses.”
Zaamwani calls for reform, FMD vigilance … as Meatco advances recoveryInformanté
Meatco is improving governance, financial stability, and operational discipline
“NAMIBIA's livestock sector is showing measurable progress, with the Meat Corporation of Namibia (Meatco) improving governance, financial stability, and operational discipline, Agriculture, Fisheries, Water and Land Reform Minister Inge I. Zaamwani said during Meatco's Annual General Meeting in Windhoek.”
Meatco progresses amid focus on FMD prevention and market expansion – Minister ZaamwaniInformanté
Meat Corporation of Namibia recorded financial turnaround with group revenue rising to N$1.865 billion and operating profit before tax of approximately N$106 million
“The company has reported a significant financial turnaround ahead of its 2026 AGM, with group revenue rising to N$1.865 billion and an operating profit before tax of approximately N$106 million, marking a recovery from five consecutive years of losses.”
Meatco records turnaround ahead of AGMInformanté
Meatco reported return to profitability and significant revenue growth
“THE Meat Corporation of Namibia (Meatco) has reported a return to profitability and significant revenue growth ahead of its Annual General Meeting (AGM) scheduled for 20 February 2026, marking what it describes as a decisive shift from five consecutive years of losses.”
Meatco reports profit, signals recovery ahead of AGMA Ghanaian businessman who helped open the West African market to beef from Namibia's northern communal areas still owes the Meat Corporation of Namibia N$300,000.
17 July 2026 · Namibian Sun →
A Ghanaian businessman who helped open the West African market to beef from Namibia's northern communal areas still owes the Meat Corporation of Namibia N$300,000.
17 July 2026 · Namibian Sun →
PDM Member of Parliament Inna Hengari has raised concerns about the implementation and accountability of the Northern Communal Areas Price Equalisation Fund for farmers, calling for clear timelines, oversight mechanisms and structural safeguards. She submitted formal questions to the minister of agriculture on Wednesday regarding long-standing inequalities affecting northern farmers, including lower cattle prices and limited market access.
2 July 2026 · Windhoek Observer →
Agriculture minister Inge Zaamwani says the government will operationalise the NCA Price Equalisation Fund, a N$100 million fund approved by Cabinet in 2024 that aims to ensure farmers in northern communal areas receive the same cattle prices as farmers south of the veterinary cordon fence. The fund was available last year but was not implemented due to disagreements between institutions, which have now been resolved.
24 June 2026 · The Namibian →
George Haufiku of Harambee Communal Auctioneers has called for Meatco to participate as a buyer in animal auctions in northern communal areas, arguing that the state-owned entity's absence limits competition and keeps farmers' prices non-competitive. Haufiku notes that Meatco currently buys directly from individual farmers rather than at auctions, and that it operates abattoirs in Rundu, Eenhana, Katima Mulilo and Outapi.
12 June 2026 · The Namibian →
Meatco has revised its claim that former Chief Executive Officer Patrick Liebenberg misappropriated funds, increasing the alleged amount from N$6.1 million to N$7.5 million after uncovering additional irregular transactions. The revised claim details approximately 11 irregular transactions including cattle sales recorded as imaginary transactions and inflated transactions where the surplus allegedly went to Liebenberg's pockets.
11 June 2026 · Informanté →
Meatco and the Namibia Food and Allied Workers Union have finalised wage negotiations, with employees receiving a 5% salary increase and N$200 monthly housing allowance rise in 2026/2027, followed by a 6.5% salary increase in 2027/2028 with no changes to housing or cold allowances.
26 May 2026 · Informanté →
Meatco is increasing its civil claim against former executive Patrick Liebenberg from N$6.1 million to more than N$7.5 million, accusing him of fraud, theft and misappropriation of company funds through livestock procurement transactions between 2024 and 2025.
22 May 2026 · Windhoek Observer →
The High Court has placed Linden Beef Close Corporation under final liquidation after the company failed to appear at a winding-up hearing. The company owes Bank Windhoek approximately N$28.4 million in debts from loan and credit facility agreements entered into between 2022 and 2024.
19 May 2026 · Windhoek Observer →
The Meat Corporation of Namibia is scaling down operations at the Katima Mulilo abattoir following the expiry of its agreement with Zambezi Meat Corporation, creating uncertainty among farmers in the region about cattle sales and livestock sector stability. Farmers express concern about market continuity and warn that legal disputes during the handover could disrupt operations.
11 May 2026 · Windhoek Observer →
Farm Eendrag, discovered to host a N$52-million cannabis plantation last May, has been auctioned for N$44.5 million in a 10-day bidding process. The farm, which was also linked to the disappearance of N$7 million in cattle owned by the Meat Corporation of Namibia, is under liquidation with its final bid subject to liquidator approval within 72 hours.
6 May 2026 · The Namibian →
Meatco will progressively reduce operations at the Katima Mulilo abattoir following the expiry of its agreement with Zambezi Meat Corporation, with a transitional exit plan running from 16 April to 30 June 2026. The transition includes inventory verification, halting cattle procurement, and reducing stock levels as part of Meatco's broader turnaround strategy.
6 May 2026 · Windhoek Observer →
The Meat Corporation of Namibia exported 45.2% of its Norway beef quota (521 017.59kg of 1.1 million kg) by 17 April, the company's strongest start to the year in recent memory. The faster uptake is attributed to strong demand in the Norwegian market and improved planning and commercial execution at Meatco.
22 April 2026 · The Namibian →
An opinion piece argues that Namibia should adopt threshold-based export controls and minimum value-retention standards for livestock, mirroring the Namibia Agronomic Board's successful approach to protecting domestic horticulture. The author contends that processing cattle domestically would retain jobs, foreign exchange, and economic value rather than exporting live animals unprocessed.
18 April 2026 · The Namibian →
An opinion piece argues that Namibia should adopt value-retention policies for the livestock sector, similar to its successful Namibia Agronomic Board approach for horticulture, to encourage domestic processing and capture more economic value rather than exporting unprocessed cattle. The author proposes threshold-based export controls, minimum weight restrictions for exported animals, and export levies to fund local industry development.
17 April 2026 · New Era →
The agriculture ministry created a price equalisation fund approved by Cabinet in 2024 to help livestock producers north of the veterinary cordon fence, but the Namibia National Farmers Union says implementation has stalled. A ministry spokesperson confirmed a misunderstanding between finance and agriculture ministries diverted initial funding, though N$50 million has been allocated in the 2026/27 budget.
17 April 2026 · The Namibian →
Savanna Beef has received an export abattoir certificate from the Ministry of Agriculture, enabling it to export deboned chilled and frozen beef cuts to the UK, EU, and EFTA countries. The company aims to slaughter 50,000 cattle locally each year that would otherwise be exported as weaners to South African feedlots, aligning with Namibia's "Growth at Home" vision and creating around 240 jobs when at full operation.
14 April 2026 · The Namibian →
Meatco held talks with the Arab Bank for Economic Development in Africa to explore investment and financing opportunities for strengthening Namibia's beef exports and food security. The parastatal presented three priority projects: reviving a small stock abattoir, extending tannery operations for local beneficiation, and reactivating cannery operations with modernised technology.
13 April 2026 · The Namibian →
Growing live cattle exports to Mauritius are diverting slaughter-ready animals from Namibia's value-added export chains to premium markets like Norway, the EU, and the US, risking underutilisation of domestic abattoirs and export quotas. The Meat Corporation of Namibia's interim CEO argues that while live exports offer farmers immediate payment and market diversification, unchecked large-scale exports could erode Namibia's reputation as a premium supplier and proposes a calibrated levy and better coordination between government, producers, and processors to balance immediate returns with long-term national value.
12 April 2026 · The Namibian →
An opinion piece argues that while live cattle exports to Mauritius offer farmers immediate income, exporting slaughter-ready animals at scale risks undermining Namibia's premium beef brand and underutilising domestic abattoirs. The author calls for a calibrated policy framework, possibly including a levy on live exports, to ensure that value is retained in the domestic supply chain while permitting measured market diversification.
10 April 2026 · New Era →
Meatco's interim CEO met with the Livestock Producers Organisation to discuss strengthening transparency, communication, and partnership across Namibia's red meat value chain. The engagement emphasised rebuilding trust between processors and cattle producers to improve sector performance and maintain global competitiveness.
31 March 2026 · New Era →
The Meat Corporation of Namibia has enrolled 19 interns from various training institutions in a six-month workplace programme running from October 2025 to March 2026, part of the government's National Development Plan 6 and internship initiative to build youth skills in the livestock and meat industry.
17 March 2026 · New Era →
The Meat Corporation of Namibia has filed a High Court case against former CEO Patrick Liebenberg to recover N$6.1 million he allegedly misappropriated between 2024 and 2025. Liebenberg faces 26 disciplinary charges including fraud, sabotage, and forgery, and is under criminal investigation over the disappearance of 900 cattle valued at N$7 million.
13 March 2026 · Informanté →
Meat Corporation of Namibia has enrolled 19 interns from various tertiary and vocational institutions in a six-month placement programme (October 2025–March 2026) aimed at developing skills in the red meat industry and supporting government's National Development Plan 6. The interns gain practical workplace experience across technical, operational and managerial roles while receiving a monthly allowance.
13 March 2026 · Informanté →
Meat Corporation of Namibia slaughtered 75,268 cattle in the 2024/25 financial year despite ongoing drought, achieving higher average carcass weights and dressing percentages through improved production and processing efficiencies. The company attributed increased cattle marketing to improved payment discipline and producer confidence.
11 March 2026 · The Namibian →
Former Meat Corporation of Namibia acting chief executive Patrick Liebenberg faces 26 disciplinary charges, including allegations of misappropriating over N$5.5 million and fraud linked to 900 missing cattle. The charges include forging agreements, falsifying livestock records, and instructing staff to move cattle during an audit to mislead auditors, with Meatco also filing a High Court case against him.
10 March 2026 · The Namibian →
The Meat Corporation of Namibia slaughtered 75,268 cattle in the 2024/25 financial year and achieved higher average carcass weights and dressing percentages despite persistent drought conditions and lower slaughter numbers, with improved payment discipline encouraging farmers to market more cattle through the company compared to previous drought cycles.
4 March 2026 · The Namibian →
The finance ministry plans to reduce subsidies and capital transfers to state-owned enterprises from N$1.3 billion in 2025/26 to N$615.7 million in 2026/27, citing fiscal consolidation and high public debt. Several SOEs including TransNamib and the Agricultural Bank of Namibia will receive no government transfers, while priority support goes to the National Housing Enterprise and Road Fund Administration.
3 March 2026 · The Namibian →
Meatco has instructed a company owned by David van der Linden to immediately cease the sale of 900 cattle that Meatco claims were wrongfully attached during the liquidation of Linden Beef CC. Meatco's lawyer warns that failure to comply will result in an urgent High Court application, citing ear tag numbers and records in the livestock identification system as proof of ownership.
27 February 2026 · The Namibian →
Namibia's livestock industry has warned that vaccinating against foot-and-mouth disease would severely damage the sector by making the country ineligible for premium markets such as the EU, UK, and US, which collectively import the majority of Namibian beef at high-value prices. Officials stress that Namibia's status as "FMD-free without vaccination" is crucial for market access, and any vaccination south of the veterinary fence is illegal; the Directorate of Veterinary Services has warned it will confiscate and cull illegally vaccinated cattle.
26 February 2026 · The Namibian →
The Meat Corporation of Namibia has confirmed that 900 head of cattle are missing from the company and that N$2.5 million in cash reconciliations cannot be accounted for by its livestock procurement department. Board chairperson Stephanie de Klerk said preliminary findings implicate former acting chief executive Patrick Liebenberg and some staff members, with a criminal case lodged against Liebenberg for theft of livestock and defeating the course of justice.
25 February 2026 · The Namibian →